Common use of DISTRIBUTIONS OF INTEREST AND PRINCIPAL Clause in Contracts

DISTRIBUTIONS OF INTEREST AND PRINCIPAL. The Trustee shall make distributions from and to the several Trust Accounts in the manner provided for in the Trust Agreement. On the first Business Day of each calendar quarter after December 1, 2003 ( or such later date to which the Recycling Period is extended upon receipt of a Rating Confirmation), the Issuer shall determine the amounts on deposit in the Revenue Account and the Loan Account which will be available for distribution after payment, in the following order of priority, of (a) the amounts required to be paid in Section 5.3(B)(FIRST) through (EIGHTH) of the Trust Agreement, (b) the amounts and in the order required to be paid in Section 3.1 of the First Terms Supplement with respect to the Senior Notes and thereafter (c) the amounts and in the order required to be paid in Section 3.1 of the Second Terms Supplement with respect to the Senior Notes and thereafter (d) the amounts and in the order required to be paid in Section 3.1 of the Third Supplement with respect to the Senior Notes, and (e) shall apply such remaining amounts as follows and in the following order of priority (subject to any Supplemental Trust Agreement with respect to Additional Notes providing for a priority for such Additional Notes): (i) to pay principal on 2000 Series A-10 Notes, in integral multiples of $50,000; (ii) to pay principal on 2000 Series A-11 Notes, in integral multiples of $50,000; (iii) to pay principal on 2000 Series A-12 Notes, in integral multiples of $50,000; (iv) to pay principal on 2000 Series A-13 Notes, in integral multiples of $50,000; (v) to pay principal on 2000 Series A-14 Notes, in integral multiples of $50,000; (vi) to pay principal on 2000 Series A-15 Notes, in integral multiples of $50,000; (vii) to pay principal on 1998 Senior Subordinate Notes Series B, in integral multiples of $50,000; and (viii) to pay principal on Series B-2 Notes, in integral multiples of $50,000. The Issuer shall notify the Trustee (not later than 30 days, or such lesser period as the Trustee shall determine to be acceptable, prior to the applicable Series Payment Date) of the amount that will be applied to the payment of principal of each Series of Notes and the Series Payment Dates occurring during such calendar quarter on which such principal shall be paid.

DISTRIBUTIONS OF INTEREST AND PRINCIPAL. The Trustee shall make distributions from and to the several Trust Accounts in the manner provided for in the Trust Agreement. On the first Business Day of each calendar quarter after December January 1, 2003 ( or such later date to which the Recycling Period is extended upon receipt of a Rating Confirmation), the Issuer shall determine the amounts on deposit in the Revenue Account and the Loan Account which will be available for distribution after payment, in the following order payment of priority, of (a) the amounts required to be paid in Section 5.3(B)(FIRST) through (EIGHTH) of the Trust Agreement, (b) the amounts and in the order required to be paid in Section 3.1 of the First Terms Supplement with respect to the Senior Notes and thereafter (c) the amounts and in the order required to be paid in Section 3.1 of the Second Terms Supplement with respect to the Senior Notes and thereafter (d) the amounts and in the order required to be paid in Section 3.1 of the Third Supplement with respect to the Senior Notes, and (e) shall apply such remaining amounts as follows and in the following order of priority (subject to any Supplemental Trust Agreement with respect to Additional Notes providing for a priority for such Additional Notes): (i) to pay principal on 2000 1998 Senior Series A-10 A-1 Notes, in integral multiples of $50,000; (ii) to pay principal on 2000 1998 Senior Series A-11 A-2 Notes, in integral multiples of $50,000; (iii) to pay principal on 2000 Series A-12 1998 Senior Notes A-3 Notes, in integral multiples of $50,000; (iv) to pay principal on 2000 Series A-13 Notes, in integral multiples of $50,000; (v) to pay principal on 2000 Series A-14 Notes, in integral multiples of $50,000; (vi) to pay principal on 2000 Series A-15 Notes, in integral multiples of $50,000; (vii) to pay principal on 1998 Senior Subordinate Notes Series BA-4 Notes, in integral multiples of $50,000; and (viiiv) to pay principal on 1998 Senior Subordinate Series B-2 B Notes, in integral multiples of $50,000. The Issuer shall notify the Trustee (not later than 30 days, or such lesser period as the Trustee shall determine to be acceptable, prior to the applicable Series Payment Date) of the amount that will be applied to the payment of principal of each Series of Notes and the Series Payment Dates occurring during such calendar quarter on which such principal shall be paid.

DISTRIBUTIONS OF INTEREST AND PRINCIPAL. The Trustee shall make distributions from and to the several Trust Accounts in the manner provided for in the Trust Agreement. On the first Business Day of each calendar quarter after December 1, 2003 ( or such later date to which the Recycling Period is extended upon receipt of a Rating Confirmation), the Issuer shall determine the amounts on deposit in the Revenue Account and the Loan Account which will be available for distribution after payment, in the following order of priority, of (a) the amounts required to be paid in Section 5.3(B)(FIRST) through (EIGHTH) of the Trust Agreement, (b) the amounts and in the order required to be paid in Section 3.1 of the First Terms Supplement with respect to the Senior Notes and thereafter (c) the amounts and in the order required to be paid in Section 3.1 of the Second Terms Supplement with respect to the Senior Notes and thereafter (d) the amounts and in the order required to be paid in Section 3.1 of the Third Supplement with respect to the Senior Notes, and (e) shall apply such remaining amounts as follows and in the following order of priority (subject to any Supplemental Trust Agreement with respect to Additional Notes providing for a priority for such Additional Notes): (i) to pay principal on 2000 1999 Series A-10 A-7 Notes, in integral multiples of $50,000; (ii) to pay principal on 2000 1999 Series A-11 A-8 Notes, in integral multiples of $50,000; (iii) to pay principal on 2000 1999 Series A-12 A-9 Notes, in integral multiples of $50,000; (iv) to pay principal on 2000 Series A-13 Notes, in integral multiples of $50,000; (v) to pay principal on 2000 Series A-14 Notes, in integral multiples of $50,000; (vi) to pay principal on 2000 Series A-15 Notes, in integral multiples of $50,000; (vii) to pay principal on 1998 Senior Subordinate Notes Series B, in integral multiples of $50,000; and (viiiiv) thereafter, to pay principal on Series B-2 Notes, any Subordinate Notes in integral multiples of $50,000accordance with their terms. The Issuer shall notify the Trustee (not later than 30 days, or such lesser period as the Trustee shall determine to be acceptable, prior to the applicable Series Payment Date) of the amount that will be applied to the payment of principal of each Series of Notes and the Series Payment Dates occurring during such calendar quarter on which such principal shall be paid.

DISTRIBUTIONS OF INTEREST AND PRINCIPAL. The Trustee shall make distributions from and to the several Trust Accounts in the manner provided for in the Trust Agreement. On the first Business Day of each calendar quarter after December 1, 2003 ( or such later date to which the Recycling Period is extended upon receipt of a Rating Confirmation), the Issuer shall determine the amounts on deposit in the Revenue Account and the Loan Account which will be available for distribution after payment, in the following order payment of priority, of (a) the amounts required to be paid in Section 5.3(B)(FIRST) through (EIGHTH) of the Trust Agreement, (b) the amounts and in the order required to be paid in Section 3.1 of the First Terms Supplement with respect to the Senior Notes and thereafter (c) the amounts and in the order required to be paid in Section 3.1 of the Second Terms Supplement with respect to the Senior Notes and thereafter (d) the amounts and in the order required to be paid in Section 3.1 of the Third Supplement with respect to the Senior Notes, and (e) shall apply such remaining amounts as follows and in the following order of priority (subject to any Supplemental Trust Agreement with respect to Additional Notes providing for a priority for such Additional Notes): (i) to pay principal on 2000 1999 Series A-10 Notes, A-5 Notes in integral multiples of $50,000; (ii) to pay principal on 2000 1999 Series A-11 Notes, in integral multiples of $50,000; (iii) to pay principal on 2000 Series A-12 Notes, in integral multiples of $50,000; (iv) to pay principal on 2000 Series A-13 Notes, in integral multiples of $50,000; (v) to pay principal on 2000 Series A-14 Notes, in integral multiples of $50,000; (vi) to pay principal on 2000 Series A-15 Notes, in integral multiples of $50,000; (vii) to pay principal on 1998 Senior Subordinate A-6 Notes Series B, in integral multiples of $50,000; and (viii) to pay principal on Series B-2 Notes, in integral multiples of $50,000. The Issuer shall notify the Trustee (not later than 30 days, or such lesser period as the Trustee shall determine to be acceptable, prior to the applicable Series Payment Date) of the amount that will be applied to the payment of principal of each Series of Notes and the Series Payment Dates occurring during such calendar quarter on which such principal shall be paid.